Northern California Real Estate News - Northern CA and San Francisco Homes for Sale
Quality local news and information from a professional California Real Estate Agent. Local real estate news, information and listings for Northern California authored by San Francisco real estate professional Meredith Martin and edited by RISMedia.San Francisco Real Estate Up for the year according to Zillow
I wont lie, I’m not a fan of Zillow – the reason isn’t because I’m concerned about it replacing agents – it’s more that it can be misleading and often is the source of misinformation because it lacks the ability to discern the subtleties in any market pricing. I’ve found zillow ‘Zestimates’ that are grossly (were talking $100’s of thousands of dollars) off actual values.
That being said there are benefits to the kind of raw data Zillow gathers (that excludes nuances) in terms of viewing real estate trends in certain areas. A recent zip code map released by at www.Zillow.com shows a smorgasbord of good news bad news in the nine county Bay Area region.
At least here in the Bay Area, there are positive numbers, according to the map that Zillow shows, areas such as Detroit have seen only decreases straight across the region. This “good news” shouldn’t come close to overshadowing the fact that by large, home values in the Bay Area are down over a year ago - by about 6.7% here in the Bay Area, compared to only a 3% average decrease across the rest of the nation.
Of the nine Bay Area county’s according to Zillow, only San Francisco showed appreciation for the year at a modest 3.7% over the fourth quarter of 2006.
Meredith Martin is a Senior Real Estate Advisor in San Francisco and a regular contributor to several industry publications. For more information please visit www.StreetsOfM.com
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| Topic | Posts | Last Poster |
|---|---|---|
| Get payed to bring us Mortgage Notes | 2 | qploans |
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| PostcardsPLUS.com Launches Short Sale Postcard Series | 1 | ProspectsPLUS |
| Life Outside of Real Estate | 16 | melindaflynn |
| NEED AGENTS / & REFERRALS | 68 | DeeJ |
| MLS exposure without paying the commissions!! | 11 | DeeJ |
| Lou Pearlman's Mansion For Sale | 1 | GlobalRealEstate |
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ABOUT LOCAL AUTHOR
Meredith Martin is a San Francisco California based real estate agent with over a decade's worth of experience selling real estate in the San Francisco Bay Area. Meredith brings a wealth of experience, a sharp eye, a keen gut instinct and impeccable ethics to every real estate transaction she's involved in. Her primary focus is helping her clients prioritize what is most important to them and create a strategy that helps them succeed in achieving their investment goals.
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